Post
Topic
Board Economics
Re: Inflation, Fractional Reserve, and Bitcoins
by
dwdollar
on 15/07/2010, 15:39:47 UTC
Also...  Any Bitcoin bank will have to rely heavily on it's reputation.  They might be able to practice fractional reserve banking, if they offer promises for Bitcoins.  BUT, they won't have nannies to print more money for them when they overextend themselves either through fraud or carelessness.  Then it's bye, bye.  I don't see the Bitcoin economy being completely dependent on fractional reserve banking.